The Head of the largest by trading volume cryptocurrency exchange Binance, Changpeng Zhao, in a recent interview with CryptoCraze said that the U.S. division of the exchange, Binance.US will likely be launched by November.
Initially, Binance.US will not be able for New York State residents, as it will need to obtain a BitLicense. At the moment, the division has not even applied for this license.
"I would say in a coumple of months now. I do not want to promise any fixed dates there is a lot of work being done... but I would say in a month or two," added Zhao.
Previously, the operator of Binance.US, BAM Trading Services, announced it hired Catherine Coley, a former Head of XRP Institutional Liquidity at Ripple, as CEO of Binance.US.
Earlier Binance.US, announced its plans to list the first 30 assets on the exchange.
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